Key Client Fiduciary Advisors LLC Buys 553 Shares of First Trust Senior Loan ETF (NASDAQ:FTSL)

Key Client Fiduciary Advisors LLC raised its stake in First Trust Senior Loan ETF (NASDAQ:FTSL) by 1.3% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 42,142 shares of the company’s stock after purchasing an additional 553 shares during the quarter. First Trust Senior Loan ETF makes up about 0.9% of Key Client Fiduciary Advisors LLC’s portfolio, making the stock its 23rd biggest holding. Key Client Fiduciary Advisors LLC owned 0.09% of First Trust Senior Loan ETF worth $1,934,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. One Capital Management LLC raised its holdings in shares of First Trust Senior Loan ETF by 4.7% in the 2nd quarter. One Capital Management LLC now owns 1,362,059 shares of the company’s stock valued at $62,260,000 after purchasing an additional 60,909 shares during the period. Raymond James Financial Services Advisors Inc. increased its holdings in shares of First Trust Senior Loan ETF by 22.0% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 919,922 shares of the company’s stock worth $42,050,000 after acquiring an additional 166,180 shares during the last quarter. Flaharty Asset Management LLC raised its stake in First Trust Senior Loan ETF by 1.8% in the 2nd quarter. Flaharty Asset Management LLC now owns 741,326 shares of the company’s stock valued at $33,886,000 after acquiring an additional 12,795 shares during the period. Envestnet Asset Management Inc. lifted its holdings in First Trust Senior Loan ETF by 11.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 728,333 shares of the company’s stock valued at $33,292,000 after purchasing an additional 73,314 shares during the last quarter. Finally, Osaic Holdings Inc. boosted its position in First Trust Senior Loan ETF by 0.7% during the first quarter. Osaic Holdings Inc. now owns 714,363 shares of the company’s stock worth $33,012,000 after purchasing an additional 4,634 shares during the period.

First Trust Senior Loan ETF Price Performance

Shares of NASDAQ:FTSL traded up $0.03 on Friday, hitting $46.21. The company had a trading volume of 161,966 shares, compared to its average volume of 290,823. The stock has a 50 day moving average price of $46.03 and a 200 day moving average price of $46.04. First Trust Senior Loan ETF has a 1-year low of $45.01 and a 1-year high of $46.99.

First Trust Senior Loan ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a $0.29 dividend. This represents a $3.48 dividend on an annualized basis and a yield of 7.53%. The ex-dividend date of this dividend was Thursday, September 26th.

First Trust Senior Loan ETF Profile

The First Trust Senior Loan Fund (FTSL) is an exchange-traded fund that is based on the S&P\u002FLSTA U.S. Leveraged Loan 100 index. The fund holds senior floating rate bank loans from firms around the globe. The actively managed fund can hold up to 20% of assets in non-senior loans, including high-yield bonds and equities.